Series 66: Property, Plant, And Equipment (PP&E)

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Property, Plant, And Equipment (PP&E)...

a category of long-term assets often found on a balance sheet. These are assets that are used in the business and are not intended for sale. Real estate, equipment, computers, office furniture, motor vehicles, and leasehold improvements are some examples of PP&E assets.

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